Joe Kerr
06-10-2004, 07:32 PM
http://www.thewrestlinganswer.com/posting/headlines/88890409.shtml
In a move that will greatly change the future of both companies, professional wrestling promotion Ring of Honor, led by majority investor Cary Silkin, split off from parent company RF Video earlier this week.
Representatives of both factions declined to comment on the reasons for the split when contacted Wednesday evening. I am told contractual negotiations regarding the split are still ongoing. It appears it is simply a matter of time before the two sides come to terms.
According to sources speaking on the condition of anonymity, the two sides split earlier this week with the RF Video office locks changed and ROH merchandise being removed by those who remained with Ring of Honor side of things.
ROH is in the process of setting up a new office in Pennsylvania and all scheduled live events will continue as planned without any interruptions.
Ring of Honor was formed in early 2002 by RF Video, then owned by Rob Feinstein. Current ROH and RF Video President Doug Gentry took over Feinstein's positions in March 2004 after Feinstein was implicated during a Philadelphia NBC affiliate's sting on online pedophiles and stepped down from his positions. Cary Silkin became majority investor for ROH earlier this year and has been investing in the company since March 2003.
In a move that will greatly change the future of both companies, professional wrestling promotion Ring of Honor, led by majority investor Cary Silkin, split off from parent company RF Video earlier this week.
Representatives of both factions declined to comment on the reasons for the split when contacted Wednesday evening. I am told contractual negotiations regarding the split are still ongoing. It appears it is simply a matter of time before the two sides come to terms.
According to sources speaking on the condition of anonymity, the two sides split earlier this week with the RF Video office locks changed and ROH merchandise being removed by those who remained with Ring of Honor side of things.
ROH is in the process of setting up a new office in Pennsylvania and all scheduled live events will continue as planned without any interruptions.
Ring of Honor was formed in early 2002 by RF Video, then owned by Rob Feinstein. Current ROH and RF Video President Doug Gentry took over Feinstein's positions in March 2004 after Feinstein was implicated during a Philadelphia NBC affiliate's sting on online pedophiles and stepped down from his positions. Cary Silkin became majority investor for ROH earlier this year and has been investing in the company since March 2003.